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ខ្មែរ 
Raffles Hotels in Cambodia to Be Renovated
- 13 November 2018
The two luxury Raffles Hotel in Cambodia will soon be renovated, according to TTR Weekly. According to the same source, the Raffles Grand Hotel d'Angkor in Siem Reap and Raffles Hotel Le Royal in Phnom Penh will be renovated in early 2019. The hotels, which recently have been sold to a Singaporean firm, will be renovated in stages. For Raffles Hotel Le Royal in Phnom Penh, the company wil...
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Phnom Penh 4th Most Popular Asian Destination for Chinese Lgbt Property Buyers
- 13 November 2018
As the Chinese outbound property investment market diversifies and becomes more sophisticated, a recent survey has shown Phnom Penh to be in the top five Asian destinations for Chinese LGBT property investors. With household wealth estimated to be worth US$1.5 trillion and annual purchasing power in 2017 of US$938 million combined with a high level of domestic prejudice, China’s 90 million-stro...
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Construction Industry Expo Mbam Onebuild 2018 to Be Held in Malaysia
- 12 November 2018
The MBAM OneBuild 2018 Exhibition, Malaysia’s biggest construction and infrastructure industry expo will be take place on 13 -15 November 2018. Hosted at the Kuala Lumpur Convention Center (KLCC) Malaysia, the three-day exhibition is the ideal platform for construction and infrastructure industry players to foster new relationships, exchange ideas, learn about the latest innovations as well as ...
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First Luxury Hotel From Japan Opens in the Kingdom
- 12 November 2018
A Japanese firm has recently opened its first luxury hotel in Cambodia. In the first week of November, Starts Corporation (Starts Corporation), a subsidiary of Starts Corporation Inc. (Japan) opened its first-ever hotel project. Called Hotel Emion Phnom Penh, this new luxury project is located in Preah Sisowath Quay, Phnom Penh (in front of the Hotel Cambodiana) allowing visitors to see the bea...
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Tax on Real Estate of Cambodia
- 10 November 2018
Cambodia has seen tremendous growth in the real estate sector, both in residential and commercial developments. This growth has bought changes in the landscape of the country and also in the law and regulations relevant to the sector, including the tax code. Under tax law, the term “immovable property” defines not only land but also includes houses, buildings and other improvements that are built ...
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Korea Agrees to Provide Additional Loans for the Construction of National Road No.2
- 8 November 2018
The Korean government has agreed to provide additional loans for the construction and rehabilitation of National Road No. 2, according to reports by local media. On 08 November, 2018, H.E Sun Chanthol, Senior Minister, Minister of the Ministry of Public Works and Transport told FRESH NEWS that Korea has decided to provide additional loans to the US$13 million loan that was provided by Korea fou...
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Sihanoukville Seeing an Influx of Five-star Hotel Investment
- 8 November 2018
Photo by Derek Watson While Sihanoukville is experiencing room shortages, investment in five-star hotel projects is rapidly rising, bringing thousands of rooms for this tourism city. Within the first week of November 2018, the Council for the Development of Cambodia (CDC) approved five five-star hotel projects, equivalent to about 3,000 rooms. The projects include Qin Yue Garden Hotel, Pr...
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France Agrees to Help Cambodia Turn Phnom Penh Into a Modern City
- 7 November 2018
The French Republic has agreed to help Cambodia to develop Phnom Penh into a modern city, according to a Facebook post on the Phnom Penh City Hall’s account. According to Phnom Penh City Hall, on 05 November,2018, top officials from Paris agreed to assist Cambodia on various development projects in Phnom Penh, as requested by Cambodia. According to the same source, in the meeting between Ph...
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World Bank: Dealing With Construction Permits in Cambodia for 2019 Improved
- 6 November 2018
Cambodia has improved its work on the ‘dealing with construction permits’ for 2019, according to the World Bank's Doing Business Report 2019. On 31 October, 2018, the World Bank published its report on doing business across 190 countries in which Cambodia has achieved reforms on the dealing with construction permits where the score has improved compared to 2018. Among the 10 conditions to me...
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Malaysia, Singapore Agree to Delay High-speed Rail Link
- 6 November 2018
The governments of Malaysia and Singapore have agreed to defer the planned US$27bn high speed rail link between the countries’ capitals. The “amicable agreement” reached without Malaysia needing to pay compensation comes after recently-elected Malaysian PM Mahathir unilaterally cancelled major infrastructure projects agreed to by his predecessor, including those planned by the Chinese-governmen...
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Year in Infrastructure 2018 Marks Another Milestone for Bentley With Numbers of New Products Introduced
- 5 November 2018
The Year In Infrastructure conference, a global gathering of leading executives focused on best practices and technologies for going digital successfully ended with an exciting announcement of new innovative products being available. Organised by Bentley Systems, a world leading infrastructure software development company, the conference which serves as a leading forum for addressing the curren...
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Multi-million Community Mall to Showcase in Boeung Keng Kang Area
- 5 November 2018
New community mall worth nearly US$10 million to showcase in Boeung Keng Kang area very soon called Noro Mall. Over the past weekend, the Council for the Development of Cambodia (CDC) has approved the a US$9.2 million investment for this community mall. Noro Mall will cover an area of approximately 3300 square meters with a net leasable area of 7900 square meters showcasing along Norodom Bou...
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